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    Federal budget

    Today

    Mum Eleanor Roberts, with kids Aston, Joan and Harry, says she would use her super if she could to buy a home.

    Super for housing could only work for the fastest movers: experts

    First home buyers struggling to save a deposit might welcome the Coalition’s promise to let borrowers tap their super for property, but economists say it will only push up house prices.

    • 2 mins ago
    • Lucy Dean
    Opposition Leader Peter Dutton wants a debate about nuclear at the next election.

    Peter Dutton’s housing policies look tinged by race

    The Liberal Party leader’s complaints that foreigners are competing with Australians for homes taps into resentment towards outsiders.

    • 19 mins ago
    • Aaron Patrick

    Chalmers and Dutton put their economic credibility on the line

    Chalmers has made a big, bold gamble on inflation, risking the living standards of millions, while Dutton’s rhetoric is bigger than the reality on immigration.

    • 1 hr ago
    • John Kehoe

    Albanese and Dutton fight on the home front for voters

    With the countdown now on to the election, both sides have used budget week to stake out their territory and target the voters they need to win.

    • Andrew Tillett

    How the west’s miners won over Canberra

    The production tax credits on critical minerals processing unveiled in the federal budget were the result of months of careful negotiations that started with a meeting in Perth.

    • Brad Thompson
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    The housing crisis will be with us for some time, the RBA says.

    Dutton wants a housing election. This could get nasty

    As the RBA says, there are no quick fixes to the residential property crisis. But that won’t stop Peter Dutton trying before the next election.

    • Updated
    • James Thomson
    Maia Schweizer,COO  Sundrive, and Vince Allen, founder and CEO

    Critics say Aussies can’t make cheap solar panels. This start-up says they’re wrong

    The brains behind SunDrive say Australia has the material, the best resources, and even national security reasons, for keeping solar panel expertise here.

    • Ben Potter
    Veteran property developer Nigel Satterley.

    Developers to Dutton: Housing fix must not block foreign tradies

    Developers warn that cutting immigration would slow home building at a time when it is already at a decade-low pace.

    • Campbell Kwan, Larry Schlesinger and Nick Lenaghan

    Dutton’s housing election; Nvidia bulls sell; Millennial set to retire

    Read everything that’s happened in the news so far today.

    Foreign owners bought only about 1300 established houses in Austalia in 2021-22.

    Dutton concedes homes sales to foreigners are ‘low’

    Opposition Leader Peter Dutton has conceded only a tiny fraction of property sales in Australia are made by foreign residents, hours after releasing a major new population policy.

    • Tom McIlroy and Michael Read
    Treasury has given itself nearly $55 million over two years to administer, coordinate, and promote the Government’s Future Made in Australia agenda.

    Labor’s green superpower plan will need a new public service

    Expertise in green hydrogen, photonic quantum physics, large-scale lithium batteries and next-generation mineralogy are not skills you typically see on Canberra CVs.

    • Tom Burton
    Labor stashes away billions for road and rail projects in its own seats.

    Two-thirds of new road and rail money flows to Labor seats

    Labor has allocated $4.1 billion for 64 new priority infrastructure projects, $2.7 billion of which has gone to Labor seats in Tuesday’s federal budget.

    • Ronald Mizen and Tom McIlroy

    Yesterday

    Dutton to slash migrant intake, ban foreign property buyers

    The opposition leader has vowed to slash permanent migration by a quarter and ban foreign investors buying established homes for two years.

    • Phillip Coorey
    Applause from colleagues, but it’s really an ominous message.

    Australia’s new course is to be managed decline

    The budget is our politics writ small: too lacking in confidence and optimism to seek out new growth.

    • John Roskam
    Treasurer Jim Chalmers may be feeling the pressure when he resorts to describing the Coalition’s “clown show”.

    Budget is pure politics

    Readers letters on Jim Chalmers’ federal budget; Scott Morrison’s meeting with Donald Trump; and Gina Rinehart’s push against her portrait in The National Gallery of Australia.

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    The ADF faces a shortfall of nearly 5000 soldiers, sailors and airmen and women.

    The ADF will grow by just 358 people next year. That’s a big problem

    If Defence is to attract the 5000 new soldiers, sailors and aviators it desperately needs, it must do a much better job looking after its current ones.

    • Andrew Tillett
    Science and Industry Minister Ed Husic said slide in national R&D investment was intolerable.

    ‘Business spends bugger all’: what landmark R&D review aims to fix

    Technology industry experts warn a new government review into the R&D system must not cut tax incentives, and must kick-start anaemic business investment. 

    • Paul Smith, Tess Bennett and Nick Bonyhady

    Can Australia become a green energy superpower? Five charts that say yes

    The Albanese government is taking a big punt on its signature Future Made in Australia policy, betting $24.3 billion over 10 years in Tuesday’s budget – these charts show why.

    • Ronald Mizen
    Lithium mining in Western Australia. There is a cogent argument for refining critical minerals here.

    It’s right for Australia to join the critical minerals subsidy rush

    The scepticism about government interventions is understandable. But this time, they are creating new industries of immense value.

    • Warren Pearce
    Jonathan Kearns says “the inflation dragon still lurks in our future”.

    RBA will ignore budget’s ‘miracle’ inflation forecast

    Former Reserve Bank official Jonathan Kearns has cast doubt on whether the budget can produce a “magical” drop in inflation beyond the short term.

    • John Kehoe